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An RBI Report: Affordable Home Loans Causing Concern

BE/RBI NOTE/24/2018 RBI has signalled that time has come for the regulator to caution banks in making the affordable small ticket home loans more expensive and thus make public mount up more money if banks do not come forward to bring in more stringent standards and remove rising bad loans in the Housing Sector. RBI

An RBI Report: Affordable Home Loans Causing Concern

BE/RBI NOTE/24/2018 RBI has signalled that time has come for the regulator to caution banks in making the affordable small ticket home loans more expensive and thus make public mount up more money if banks do not come forward to bring in more stringent standards and remove rising bad loans in the Housing Sector. RBI

CORRECTIVE NPA ACTIONS

BE/RBI NOTE/23/2018 A latest report on NPAs  coming under the Prompt Correct Action (PCA) reports reveals that the stressed assets are more contributed by advances through multiple banks/consortium arrangements than those contributed by individual bank advances. This was revealed by RBI in its Financial Stability Report (FSR) for June 2018.  Further, The report suggests that

CORRECTIVE NPA ACTIONS

BE/RBI NOTE/23/2018 A latest report on NPAs  coming under the Prompt Correct Action (PCA) reports reveals that the stressed assets are more contributed by advances through multiple banks/consortium arrangements than those contributed by individual bank advances. This was revealed by RBI in its Financial Stability Report (FSR) for June 2018.  Further, The report suggests that

RBI Proposes Board of Management for UCBs

BE/RBI NOTE/22/2018 Urban Co-operative Banks form a major part of Indian Banking.  Reserve Bank of India has come out with a proposal, that Primary Urban Co-operative Banks (UCBs) should set up a Board of Management (BoM) in order to strengthen their Governance.  The RBI guidelines are: The BoM should have a minimum of three members

RBI Proposes Board of Management for UCBs

BE/RBI NOTE/22/2018 Urban Co-operative Banks form a major part of Indian Banking.  Reserve Bank of India has come out with a proposal, that Primary Urban Co-operative Banks (UCBs) should set up a Board of Management (BoM) in order to strengthen their Governance.  The RBI guidelines are: The BoM should have a minimum of three members

BANKS ADVISED BY RBI TO UPGRADE ATMS

BE/RBI NOTE/21/2018 Reserve Bank of India, the Central Bank has viewed the banks’ lethargic attitude in upgrading the ATMs very seriously.  RBI has now come out with strict timelines to upgrade the ATMs else face action. Details: The Timeline reads that banks should implement a series of security measures by August and thus ensure to

BANKS ADVISED BY RBI TO UPGRADE ATMS

BE/RBI NOTE/21/2018 Reserve Bank of India, the Central Bank has viewed the banks’ lethargic attitude in upgrading the ATMs very seriously.  RBI has now come out with strict timelines to upgrade the ATMs else face action. Details: The Timeline reads that banks should implement a series of security measures by August and thus ensure to

MODIFICATION OF LOAN SYSTEMS IN LARGE COMPANIES

BE/RBI NOTE/20/2018 The Reserve Bank of India on Monday came out with draft guidelines on Loan System for delivery of Bank Credit to improve discipline among larger borrowers who enjoy working capital facility from the entire banking system.  The salient features of the draft guidelines are: A minimum level of LOAN COMPONENT in fund based

MODIFICATION OF LOAN SYSTEMS IN LARGE COMPANIES

BE/RBI NOTE/20/2018 The Reserve Bank of India on Monday came out with draft guidelines on Loan System for delivery of Bank Credit to improve discipline among larger borrowers who enjoy working capital facility from the entire banking system.  The salient features of the draft guidelines are: A minimum level of LOAN COMPONENT in fund based